When do community associations need to vote to roll over surplus funds to the next fiscal year?
In order to avoid adverse tax consequences, community associations should consider conducting a vote to apply surplus funds in their operating budgets at the end of their fiscal year to the budgets for their next fiscal year. Read the article…………..
Collection Options For Community Associations Limited By Court Ruling: The Role Of Lis Pendens In Exclusive Court Jurisdiction
In the recent case of Jallali v. Knightsbridge Village Homeowners Association, Inc., 2016 WL 320601 (Fla. 4th DCA Jan. 27,
What does your association do when an owner sends the association their assessment payment for less than full amount due?
Two years ago a ruling by the state’s Second District Court of Appeal created a major wrinkle in the acceptance